SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Hits New 1-Year High at $64.30

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $64.30 and last traded at $64.30, with a volume of 1043 shares trading hands. The stock had previously closed at $63.93.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

The company’s 50 day simple moving average is $61.74 and its two-hundred day simple moving average is $60.44. The company has a market cap of $840.23 million, a PE ratio of 19.77 and a beta of 0.95.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Edge Capital Group LLC acquired a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter worth about $495,000. C M Bidwell & Associates Ltd. boosted its position in SPDR Portfolio MSCI Global Stock Market ETF by 14.1% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock valued at $197,000 after buying an additional 442 shares during the period. Finally, Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the second quarter worth $35,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.